Also known as: Managing Director Edmond Kombat · Mr. Kombat · TOR Managing Director Edmond Kombat
Managing Director of Tema Oil Refinery who cleared a six-year audit backlog and restored the company to profitability in 2025.
Verbatim sentences from the source article.
Joy Online
… According to a Facebook post by TOR Managing Director Edmond Kombat, the visit forms part of efforts to promote strategic partnerships aimed at revitalising Ghana’s energy sector. …
Ga Mantse leads investor delegation to TOR to explore strategic investment opportunitiesJoy Online
… Managing Director of TOR, Edmond Kombat, outlined key milestones achieved under the recovery programme and highlighted the strategic priorities guiding the next phase of the refinery’s transformation agenda. …
TOR engages CSOs on recovery plans as refinery pushes transformation agendaBusiness & Financial Times
… Managing Director Edmond Kombat reinforced the appeal in his own review, disclosing that TOR is still owed a minimum of GH¢1.6billion in ESLA receivables from the finance ministry. …
Editorial: TOR calls for ESLA settlementsBusiness & Financial Times
Tema Oil Refinery (TOR) Managing Director Edmond Kombat disclosed that he has initiated direct conversations with government on mechanisms to recapitalise the company’s balance sheet – including releasing the refinery’s outstanding share of Energy Sector Levy Act (ESLA) receivabl …
TOR in recapitalisation talks with gov’t over GH¢1.6bn ESLA receivablesBusiness & Financial Times
… Managing Director Edmond Kombat reinforced the appeal in his own review, disclosing that TOR is still owed a minimum of GH¢1.6billion in ESLA receivables from the finance ministry. …
Gov’t to audit energy agencies debts as TOR pushes for ESLA receivables settlementThe Chronicle
… Mr Edmond Kombat, Managing Director of TOR, announced at the company’s 18th Annual General Meeting (AGM) in Accra, on Tuesday, that the refinery had successfully audited and finalised its outstanding accounts covering the years 2019 to 2024, in addition to completing the 2025 fin …
Tema Oil Refinery clears six-year backlog of audited financial statementsBusiness & Financial Times
… TOR Managing Director Edmond Kombat was also recognised at the 10th Ghana CEOs Summit in Accra, where he received the Outstanding Public Sector Leadership Award from the Ghana CEOs Network. …
TOR clears six-year audit backlogJoy Online
The Managing Director of the Tema Oil Refinery (TOR), Edmond Kombat, has been recognised for his transformative leadership at the state-owned refinery at the 10th Ghana CEOs Summit, held at the Kempinski Hotel in Accra. …
TOR MD honoured for outstanding Public Sector Leadership at 10th Ghana CEOs SummitJoy Online
… Managing Director Edmond Kombat said discussions were ongoing on how Ghana’s crude allocation system could be restructured to ensure a more reliable supply of feedstock. …
Review Petroleum Act to secure crude supply for TOR – expert urgesJoy Online
… Speaking to journalists from the Africa Extractives Media Fellowship in Accra, Edmond Kombat said discussions were ongoing on how Ghana’s crude oil allocation could be structured to guarantee the refinery a more consistent supply of feedstock. …
TOR turns to West African crude as revamp efforts deepenThe Ga Mantse, King Tackie Teiko Tsuru II, has led investors to the Tema Oil Refinery to explore collaboration and investment opportunities. The visit is part of efforts to promote strategic partnerships aimed at revitalizing Ghana's energy sector and attracting investments to support the refinery's long-term sustainability.
20 hours ago · Joy Online →
The Ga Mantse, King Tackie Teiko Tsuru II, has led investors to the Tema Oil Refinery to explore collaboration and investment opportunities. The visit is part of efforts to promote strategic partnerships aimed at revitalizing Ghana's energy sector and attracting investments to support the refinery's long-term sustainability.
20 hours ago · Joy Online →
Tema Oil Refinery management held a stakeholder engagement with civil society organisations on July 23 to update them on the refinery's ongoing recovery efforts and transformation agenda aimed at restoring full operational capacity and strengthening Ghana's energy security.
27 July 2026 · Joy Online →
The Ministry of Energy and Green Transition is commissioning a comprehensive audit of state energy sector agencies' balance sheets to identify and remove government-related debt, enabling entities like Tema Oil Refinery to access commercial financing more easily. TOR's Board Chairman disclosed the company inherited approximately US$517 million in legacy debt when the current Board began in July 2025.
2 July 2026 · Business & Financial Times →
Tema Oil Refinery's Managing Director says he has initiated direct conversations with government on mechanisms to recapitalise the company's balance sheet, including releasing TOR's outstanding ESLA receivables of at least GH¢1.6billion, to address an accumulated deficit of GH¢7.869billion and negative equity position of GH¢4.53billion.
2 July 2026 · Business & Financial Times →
Ghana's energy minister John Abdulai Jinapor disclosed that his ministry is in discussions with the Finance Ministry to commission a comprehensive audit of state energy sector agencies' balance sheets to identify and remove government-related debt that constrains their access to commercial financing. TOR's Board Chairman stated the company inherited approximately US$517 million in legacy debt when the current board was inaugurated in July 2025.
1 July 2026 · Business & Financial Times →
The state-owned Tema Oil Refinery has completed audited financial statements for 2019–2024 and 2025, clearing a six-year backlog and submitting seven audited reports to the State Interests and Governance Authority by May 2026. Managing Director Edmond Kombat said the refinery had not produced audited financial statements for six consecutive years when he took office, and restoring this capability was essential for credibility, investment, and sound management decisions.
1 July 2026 · The Chronicle →
Tema Oil Refinery has completed audited financial statements for 2019–2025 and posted a Profit Before Tax of GH¢1.24 billion in 2025, its first year of profitability in a decade. The State Interests and Governance Authority commended the refinery for resolving the audit backlog and achieving financial recovery through improved governance and operational reforms.
2 June 2026 · Business & Financial Times →
Tema Oil Refinery Managing Director Edmond Kombat was honoured for exceptional leadership and strategic vision at the 10th Ghana CEOs Summit. The recognition follows TOR's recent receipt of one million barrels of Bonga crude oil and efforts to revitalise refinery operations.
29 May 2026 · Joy Online →
Benjamin Nsiah of the Centre for Environmental Management and Sustainable Energy calls for Ghana's Petroleum Act to be reviewed to guarantee consistent allocation of locally produced crude oil to the Tema Oil Refinery, arguing that domestic feedstock is critical to reviving the refinery's operations. He expresses concerns that TOR's financial position makes it unlikely the refinery can sustain plans to import crude from the West African region given rising global energy and shipping costs.
11 May 2026 · Joy Online →
Tema Oil Refinery is turning to West African crude oil to restore stable operations and support long-term recovery, with discussions ongoing on how Ghana's crude allocation could guarantee more consistent feedstock supply. The move is part of wider repositioning efforts following years of financial difficulties, operational challenges, and external market pressures including global crude supply disruptions and rising shipping costs.
8 May 2026 · Joy Online →